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This course will enhance your knowledge and application of professional judgment by providing a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors based on calls and inquiries received by both the AICPA and GASB over the past year.

In this CPE course, gain insights into the rationale behind fair value measurement. Learn about the issues that arise when fair value accounting is implemented under existing FASB standards and see examples of these issues.

This course covers FASB standards having the greatest impact on accounting and financial reporting for companies. In addition to accounting methods, it emphasizes financial statement disclosures, implementation guidelines and disclosure illustrations.

SAS No. 125 addresses the auditor’s responsibility, when required or the auditor decides, to include in the auditor’s report or other written communication issued by the auditor in connection with an engagement conducted in accordance with GAAS language that restricts the use of the auditor’s written communication. In an auditor’s report, such language is included in an other-matter paragraph.

This 12 credit CPE course covers the latest auditing standards, along with practical applications to help you apply these standards to real-life scenarios. With updates from every auditing standard setter, you will feel more prepared on audit topics that affect your company and clients.

Considered the industry standard resource, this Guide provides practical guidance for Employee Benefit Plan accounting and auditing. Packed with information on new requirements; including offsetting of derivatives, financial assets and financial liabilities, and technical corrections and improvements, this Guide is an indispensable resource.

Thursday, June, 25 - Gain access to the Center for Plain English Accounting's quarterly updates; take an intricate look into the complex rules and regulatory standards that have been newly mandated or changed; and be given practical guidance on the latest trends impacting accounting and auditing professionals.